National Republican., 1887-09-09
DOWN GO PRICES.
The Bears Make Another Successful
Raid on stocks.

New YoRK, Sept. 9.--The stock market
to-day showed decreasing volume of bust
ness and marked falling off in the out
side interest in the speculation. The news
Of the day was not calculated to have any
natural effect upon values, and the trading
was again to very large extent confined
to the professional element. While the
traders were the principal sellers, there
was at times free reallzatlons and without
any special pressure OF long stock prices
gagged nearly the entire day. The failure
OF the Bank Of England to advance Its rate,
as was expected 10 some quarters with
further shipments OF gold to this side, was
an element OF strength In the forenoon,
when London was a buyer, and the increas-
Ing prominence OF telegraph matters In the
market, with the excellent support accorded
to Western Union, materially aided In the
final rally The bears, however, were again
active with sales OF short stock, unfavor-
able rumors, and the usual arguments In
depressing prices, in which they had Ell.
cient aid from the traders.
Extreme dullness eusued with improving
quotations, but toward the last hour a de-
tei mined drive carried prices to the lowest
figures Of the day. Extensive covering
brought about material reaction IN the
last half hour, and the close was firm at
fractions better than the lowest prices
reached
Money on call has been easy, ranging
| from to 6, last loan at 4, and closing
| offered at 4. Sterling exchange is dull
| and unsettled. Actual business at 4792 to
| 4sO for G0.day bills, and 4S31 to 4Si for
| demand. Posted rates 4S01 to 4S41. Gov
| ernm1nt bonds have been dull and heavy.
State bonds have been dull and without
| feature.
Treasury balances - Coin. $134, 1903, 7G2;
currency, $l3,7ls,7O0.
A. rM a coup; Jos; Pae, es Of '95;, l22
! Cons. NG @ mo 6 S St S. lGs 50 s2'a n iSsa Ssa
| IL, 1872; do a., s97%; Tenn. settlement 6s lOl,
do 6s, .+lo2M Va, Gs, IS: do. consols n.
9, 45; Tenn; settlement Ss,, 7Oh; Cen. pae.
and T., 927s: Northern Pnc. frsts, llt14 do.
seconds, luesF Northwestern cons, l5S; 10.
| debenure, l0sIa 81 l.. and san Fran, llSid 81
tllO: Southern Pac llrsts. ll2I1: I. p. X. q. and
c., 6g13; Northern Pac. tirsts, ia; West shore,
| %; Adams Express, las; Alton aud T. Il.
Line, pid., 90 B. G. and Il, N, 4O; Uadaia
Southern, 90; Canton. s55; Cen. Pac, 80;
| Ches. and ohio, 0; Chicago and Alton l45;
land and and Col, ST. Con. Coal, g; bei nni
Hud.. l0Csk Del and L., 1901; DENY. AMI r. g..
2IH; Erie $C}}; do. pfd., sGSi Fort Wayne, l5l;
iia; Rans and Texas, %; L, 4, and W., w;
Nor, Car, lOi% NJ. and Char., 50;
s62S;. Mob. and o., 13; Mar. and T., 1873;
\: Chat, q; n j.. Cen, 7j2s; Norfolk and
Western pfd., 4294; Northern Pac., 25ss; do pfd.
Y. Cen, l0s7s; Chicago and Ct. L., 1913; do
pid.. 80; Ohio and Miss. 277s: do. pfd., s5
| Oregon Nav, 30; Pae. Mail, 3SlA; Pitts
Aleg, .; Richmond and Dan, I5O; Rock
IsId, 1876; st. L. and San. Fran, 8S}4 do pfd.,
50sJ do. first pfd., liz; st. Paul, s355; do ptd
Pac,, 2Gss; Union Pac., $50; US X, 20; wab
Pac,, l72S; do pfd., 81; Wells Fargo, 1926
West. Union, 771G; Tenn. Coal and Iron, 264;
Cotton Oil Trust 329S; Quicksilver, 8; do